Lyondellbasell (LYB), a global leader in the chemical industry and one of the world’s largest producers of polymers and a leader in polyolefin technologies, has established its regional corporate office at the King Abdullah Financial District (KAFD) in Riyadh.

This marks the company’s first regional base in Saudi Arabia, a move that’s set to expand its operations and establish a profound presence within the dynamic landscape of Saudi Arabia and the region. LYB has been operating in the Kingdom through various joint ventures.

LYB is a global leader in developing, manufacturing and marketing high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. Through advanced technology and focused investments, LYB is enabling a circular and low carbon economy.

Deena Alkhayyal, Managing Director KSA, LyondellBasell Arabian, said: "We are excited to open a corporate office in Riyadh, which will facilitate the growth of LYB in the Kingdom. The proximity to our existing joint ventures will enable us to sustain a strong relationship with our stakeholders."

The LYB office is located in the Muqarnas Tower, a 70,000-sq-m landmark designed by SOM. Inspired by the intricate ‘muqarnas’ motifs of Islamic architecture, the tower features a façade that enhances shading and sun protection, creating comfortable and energy-efficient workspaces. Its design incorporates advanced sun control and daylighting features to reduce glare and heat gain while promoting sustainability.

Blending modern urban design with robust digital infrastructure, the tower fosters productivity, collaboration, and well-being, setting new standards for workplaces and reflecting KAFD's commitment to innovation and sustainability.

With its new corporate office, LYB has joined other leading institutions and companies including Deloitte, JLL, and financial institutions such as Goldman Sachs and HSBC who have selected KAFD for their corporate offices in the Kingdom.

KAFD is home to more than 75 local, global and regional firms, both government and private, across a wide spectrum of industries, from finance and technology to healthcare.